Question

Which of the following is something we need to do before we start to use Xero?

I.            Setup company

II.           Setup chart of accounts

III.          Setup bank account

IV.         Create customers

Select one:

a. I,II,III, and IV

b. I

c. I, II, and III

d. III and IV

THank youuu

Answer 1

Ans- Xero is online accounting software that has been designed for small to medium sized businesses. It makes managing the financial health of your business more transparent, straightforward and fun. It's usually the date you start using Xero. The only transactions you should enter in Xero dated before this date are invoices and bills that were unpaid when you converted. ... If you're entering balances from your trial balance, make sure you've run this report to the day before you want to start using Xero.

How to use Xero-

* Setup Company

* Setup Chart of Accounts

* Setup Bank Accounts

* Create Customers